The positive influence of plan design variables has helped improve participant outcomes.
The rise of autopilot plans has led to clear success in two areas, but there’s still work to be done in boosting participant retirement savings rates.
Vanguard helps plan sponsors smooth out retirement plan transitions during a corporate merger. We’re here to help, offering guidance on compliance, enrollment, legal, and regulatory hurdles that need to be overcome to merge the two plans.
Professor Richard Thaler’s Nobel Prize in Economics for his work in behavioral economics is also a Nobel Prize for retirement savers—for the millions of individuals helped by his ideas and as a result on their way to a better financial future.
In June 2017, Vanguard issued the first How Australia Saves. Investment behavior is similar worldwide. Investors who choose professionally managed allocations have reduced the dispersion of risk and return vs. self-directed investors.
It’s National Retirement Security Week, and Managing Director Martha King celebrates the year-round efforts of plan sponsors to make retirement readiness a reality for participants.
Head of Vanguard Retirement Plan Access discusses the role of professional partnerships in the management of small- and mid-size retirement plans and how guidance on issues like plan design can result in small changes that produce meaningful results for participants.